Real Estate

Sorry… only know this one for SF Bay Area.
http://www.viewfromsiliconvalley.com/id157.html

I own a building and I converted it from apartments to condos. I have sold four (of six) and I want to take the proceeds from the last sale or two and put it into a 1031 Exchange. I have not sold them yet.

May I do this and buy a piece of land? Then I would use the land to build more condos.

In the past I setup a 1031 Exchange for the sale of residential property to purchase this apartment building.
In a like-kind exchange, the property being acquired must be similar in nature and character to the property being relinquished and must be located in the United States. The IRS is quite liberal in its interpretation of like-kind properties and views almost all real estate as similar in nature or character. Thus, virtually all real property is like-kind property and can usually qualify under the like-kind exchange rules. Whether the real estate is improved, unimproved, productive, or nonproductive is not relevant; any mixture of office buildings, apartment buildings, factory buildings, shopping centers, stores, hotels, motels, farms, ranches, and parking lots is permitted.

My understanding is that the 1031 Exchange must be a "like kind" exchange. I think it has to be of similar type and equal or higher value. I don’t think raw land would qualify.

But, I’m not a 1031 Exchange expert…..

looking for condos for sale in Tampa
condo wanted near airport approx. 5 to 15 min away

Check out http://newcondosonline.com they have a bunch of new condos up on their site. Make sure you check them out, the site is a big help.

How many days do I need to have to notify my tenant before I put my condo on the market?

Do they have a lease? If not, then I would let them know that you are planning on selling 30 days prior to putting on the market. If they do have a lease and you may have to break it on them, you are obligated to tell them immediately so they can start making other arrangements.

http://www.realtor.com/

Celebrity & luxury homes on Realtor.com. Find the home of your dreams on the new Realtor.com. Luxury real estate, celebrity homes, affordable homes or outrageous mansions.

Duration : 0:2:20

Read the rest of this entry »

www. Lake Atitlan Real Estate .com Beautiful lakefront, lush, paradise like home and property for sale or lease at Lake Atitlan near San Marcos La Laguna. Great for retirement, vacation home, B&B, retreats. Great weather, low cost of living, interesting culture and natural beauty like no other place on the planet!

Duration : 0:3:0

Read the rest of this entry »

Great 2 bedroom, 2 bath townhome in Galveston’s Campeche Cove subdivision. Completely remodeled and ready for move-in, this unit overlooks the community park and tennis courts, and has immediate access to a private lake. The newly renovated Moody Gardens Golf Course is just a few blocks away. This property is a Short Sale. Take advantage of the saving! All offers are welcome!

Duration : 0:3:47

Read the rest of this entry »

Guiguinto, Bulacan Brand New House For Sale at Gold Ridge Village

215 sqm lot area

315 sqm house area

Ground Floor:

Entry porch

Living room

Dining room

Powder room

Main kitchen with built-ins: laminated doors, solid granite countertop)

Dirty kitchen with built-ins (materials same as main kitchen)

Study area / Home office with built-ins

Covered terrace with grotto & waterfalls

Laundry area with solid granite countertop, polycarbonate roofing

Utility area with polycarbonate roofing

Maid’s room with toilet & bath

Interior landscape with “gilingan” waterfalls

Perimeter fence with with exterior landscape

2-car garage

2 storage rooms

Back porch with trellis on polycarbonate roofing

Second Floor:

4 bedrooms with provision for split-type aircon

Built-in cabinets on all rooms

4 toilets & bath

Master’s bath with jacuzzi

Family area

2 spaceous verandas

Altar

Specifications:

Roofing – Riviera Filipina roof tiles (tisa) with undersheeting and stainless steel inside gutter.

Flooring Ground floor – granite tiles

Second floor – laminated flooring

Porch, terrace, verandas, lot perimeter – imported Italian tiles

Stairs, built-ins, jambs, doors – duco varnish

Stair railings, all grills – antique finish

Exterior walls – stucco finish with piedra stone cladding & mouldings

Interior walls – latex paint by Boysen

All countertops including laundry – solid granite

Interior & exterior landscape – first-class plants & ornaments

Perimeter fence – stucco finish

Bathroom tiles – imported Italian tiles

Bathroom fixtures – HCG brand

Grotto & boulders – monolith rock

Gold Ridge Village features:

Grand clubhouse

Main pool & kiddie pool

Gazebo

Park

Basketball court

Tennis court

Entry marker

24-hour security with roving guards

Friendly neighborhood (some foreigners)

Wide roads

For more information please visit the project website at http://www.filbuild.com/philippines/real_estate/property_classifieds/bulacan/guiguinto/001_new_house_and_lot_for_sale/photos_036.htm

For more Filbuild.com products and services please visit our Google profile at http://www.google.com/profiles/filbuild

Duration : 0:6:37

Read the rest of this entry »

Real estate for sale at 651 Glenwood Ave Bakersfield California 93305 – for more info visit http://vt.realbiz360.com/Listing-264688.html

Duration : 0:5:15

Read the rest of this entry »

http://www.caimagemaker.com
Presented by Andrew Manning – 818.380.2147 | 10064 Toluca Lake Avenue, Toluca Lake, California | Own one of only 34 homes situated right on the lake! Renovated walled & gated Italian villa on legendary Toluca Lake with newer boat & dock! Classic centerhall plan w/2 sty gallery/atrium leading to media/screening rm, frml din w/FP & wine wall. Grmt kit w/stainless appl opening to BK & FR w/wood beamed ceilings, FP & French drs opening to patio, pool, spa & stunning views of the lake & pvt park. 5 spacious BR’s plus sep office/gym. Gorgeous mstr ste w/sitting rm/office/FP & stunning bath! Sep viewing balcony w/mountain & lake views! Extensive use of wd, stone & natural materials. Amazing opportunity to live a lakeside lifestyle in the ’studio close’ heart of the city! Real estate photography Los Angeles by Califonria Image Maker

Duration : 0:3:10

Read the rest of this entry »